MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has expanded the coverage of relief measures to include large enterprises affected by the economic fallout from the coronavirus pandemic. BSP Deputy Governor Chuchi Fonacier said loans extended by banks after March 15 to large enterprises with an asset size of more than P100 million, excluding […]
Read MoreThe Central Bankruptcy Court has accepted the Thai Airways International (THAI) case and set the first hearing for August. The court said on Wednesday the first hearing would start at 9am on Aug 17. It ordered its acceptance of the case be announced in at least one daily newspaper at least twice, no more than […]
Read MoreCambodia exported electrical equipment, machinery and mechanical appliances worth in total US$264.89 million to foreign markets in the first four months of this year, according to a report from the Ministry of Commerce. The figure represented an increase of over 33 percent compared to the same period last year. The major markets for the electrical […]
Read MoreMyanmar tour companies are preparing to organise tours again, which had been suspended since February as part of the government’s efforts to prevent the spread of COVID-19, an official of a local travel association said. Daw Aye Thida Moe, vice chair of the Union of Myanmar Travel Association, said tour companies are awaiting government guidelines […]
Read MoreVietnam attracted US$12.33 billion worth of foreign direct investment in the first four months of 2020, a year-on-year decrease of 15.5 per cent due to the impact of the COVID-19 pandemic, according to the Foreign Investment Agency. But the figure was much higher than that in the same period in 2018 and 2017, when FDI […]
Read MoreMANILA, Philippines — New taxes are being considered by the Duterte administration starting 2021 to partially offset the costs of this year’s stimulus measures meant to counter the pandemic’s economic impact. Costing was already started for a proposed digital economy value added tax (VAT), higher sugar-sweetened beverage taxes as well as new levies on junk food, particularly those […]
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Thailand
